Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDPEU.L Share News (DPEU)

  • There is currently no data for DPEU

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

DP Eurasia performs well amid Turkey turbulence

Tue, 11th Sep 2018 15:29

(Sharecast News) - Domino's Pizza franchisee DP Eurasia posted its interim numbers for the six months ended 30 June on Tuesday, reporting a 28.1% rise in group system sales to TRY 510.4m.The London-listed company said system sales in Turkey were up 15.6% to TRY 351.6m, while Russia sales improved 68.8% to TRY 152.7m, and the Azerbaijan and Georgia geography saw sales ahead by 56.8% to TRY 3.9m.Store numbers rose by 79 across the group, to a total of 672.Revenue for the company was 32.2% higher year-on-year at TRY 380.2m, with adjusted EBITDA ahead 8% at TRY 40.3m.Adjusted net debt stood at TRY 149.5m at period end."It gives me great pleasure to announce another strong set of results for the first half of 2018, during which we have grown our top-line as well as adjusted EBITDA in both Turkey and Russia," said DP Eurasia chief executive officer Aslan Saranga."We have added 29 stores to our store count in the first half of the year and we are moving towards reaching the 700th store milestone later in 2018."In Russia, we are continuing with our regional push with planned expansions into new cities during the second half after adding Rostov, Voronezh, Kazan, and Nizhny Novgorod among other cities in the first half of the year."Saranga said online ordering continued to be the "main driver" behind the firm's like-for-like growth in both markets, with online delivery system sales reaching 59.3% of delivery system sales for the first half, and Turkey also surpassing the 50% threshold."The revamped apps launched in the second half of 2017 are continuing to contribute to this increasing online trend."In August, we launched our enhanced websites in Turkey and plan to launch them in Russia towards the end of 2018."We are also continuing with GPS tracker installations in Turkey where more than 400 stores have already been installed with the necessary hardware."Saranga said the company planned to launch that new tool for Turkey in early 2019.He said that, with respect to the macroeconomic headwinds that the firm was experiencing in Turkey, it was offsetting the impact of higher inflation by increasing its prices more frequently without any discernible negative impact on volumes."The management team continues to focus on pricing, tight control of the cost base, supporting franchisees and careful management of net indebtedness and foreign exchange exposures to ensure that we protect the business through this period of economic volatility."Historically, the business has been relatively robust in challenging economic conditions and we continue to monitor the situation closely given the uncertain short term outlook."This is my third such experience at the helm of DP Eurasia during a difficult macroeconomic environment in Turkey and on each previous occasion we have come through stronger relative to the competition due to our market leadership position, focus on value and service to the customer and resilient franchise partners."Saranga said the board was expecting the full-year adjusted EBITDA for 2018 to be in line with expectations.
More News
21 Aug 2023 10:18

DP Eurasia says Russian business will file for bankruptcy

(Alliance News) - DP Eurasia NV on Monday said DPRussia's holding company has begun steps to file for DPRussia's bankruptcy.

Read more
21 Aug 2023 08:21

DP Eurasia to file for bankruptcy of Russian Domino's Pizza franchisee

Aug 21 (Reuters) - DP Eurasia will file for bankruptcy for its Russian business and exit the country, the operator of the Domino's Pizza brand in Russia, Turkey, Azerbaijan and Georgia said on Monday.

Read more
27 Jul 2023 18:22

TRADING UPDATES: Pod Point cuts outlook; CVS Group buys in Australia

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
31 May 2023 16:54

LONDON MARKET CLOSE: China slowdown worries send stocks lower

(Alliance News) - Stocks in London closed in the red on Wednesday, with weaker-than-expected economic data from China and poorly received company news contributing to a subdued market mood.

Read more
31 May 2023 11:34

DP Eurasia sales in first four months of 2023 rise amid boom in Turkey

(Alliance News) - DP Eurasia NV on Wednesday reported significantly higher sales in the first four months of 2023 compared to a year before, boosted by its growing business in Turkey.

Read more
24 May 2023 15:45

UK earnings, trading statements calendar - next 7 days

Thursday 25 May 
AJ Bell PLCHalf Year Results
Blackrock Frontiers Investment Trust PLCHalf Year Results
CT Private Equity Trust PLCQ1 Results
DWF Group PLCTrading Statement
Edinburgh Investment Trust PLCFull Year Results
Emis Group PLCFull Year Results
Fevertree Drinks PLCTrading Statement
Headlam Group PLCTrading Statement
Henry Boot PLCTrading Statement
Hill & Smith PLCTrading Statement
Griffin Mining LtdFull Year Results
Inspecs Group PLCTrading Statement
Intermediate Capital Group PLCFull Year Results
Jadestone Energy PLCFull Year Results
Johnson Mattey PLCFull Year Results
Pets At Home Group PLCFull Year Results
Pharos Energy PLCTrading Statement
Picton Property Income LtdFull Year Results
Qinetiq Group PLCFull Year Results
Old Mutual LtdQ1 Results
ReNeuron Group PLCFull Year Results
Renewi PLCFull Year Results
S&U PLCTrading Statement
Sabre Insurance Group PLCQ1 Results
Shires Income PLCFull Year Results
Tate & Lyle PLCFull Year Results
Triad Group PLCFull Year Results
United Utilities Group PLCFull Year Results
Vanquis Banking Group PLCTrading Statement
Workspace Group PLCFull Year Results
Young & Co's Brewery PLCFull Year Results
Friday 26 May 
Amaroq Minerals LtdQ1 Results
Associated British EngineeringHalf Year Results
Caffyns PLCFull Year Results
CT Capital & Income Investment Trust PLCHalf Year Results
HarbourVest Global Private Equity LtdFull Year Results
IntegraFin Holdings PLCHalf Year Results
Volvere PLCFull Year Results
Worldwide Healthcare Trust PLCFull Year Results
Monday 29 May 
no events scheduled 
Tuesday 30 May 
Corre Energy BVFull Year Results
Greencore Group PLCHalf Year Results
Hollywood Bowl Group PLCHalf Year Results
Oxford BioDynamics PLCHalf Year Results
Silver Bullet Data Services Group PLCFull Year Results
Softcat PLCTrading Statement
SpaceandPeople PLCFull Year Results
Tremor International LtdQ1 Results
Wednesday 31 May 
B&M European Value Retail SAFull Year Results
Bloomsbury Publishing PLCFull Year Results
DP Eurasia NVTrading Statement
Impax Asset Management Group PLCHalf Year Results
Ithaca Energy PLCQ1 Results
NWF Group PLCTrading Statement
Premier Miton Group PLCHalf Year Results
Tern PLCFull Year Results
WH Smith PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
12 Apr 2023 16:54

LONDON MARKET CLOSE: Stocks in the green as US inflation rate cools

(Alliance News) - Stocks in London closed higher on Wednesday as the US inflation rate continued to cool, providing investors with some hope that the cycle of rate hikes may soon be at an end.

Read more
12 Apr 2023 14:37

DP Eurasia profit down in 2022 as costs rise faster than revenue climb

(Alliance News) - DP Eurasia NV on Wednesday reported a lower profit, despite higher revenue in 2022, as the increase in the cost of sales outpaced revenue growth.

Read more
12 Apr 2023 07:52

LONDON BRIEFING: Anglo American's De Beers shines; Unite bookings up

(Alliance News) - Stocks in London were called flat on Wednesday, with the focus for the day on a US inflation reading in the afternoon, before the release of central bank meeting minutes later.

Read more
6 Apr 2023 14:30

DP Eurasia to promote independent non-executive director to chair

(Alliance News) - DP Eurasia NV on Thursday said it appointed Independent Non-Executive Director Ahmet Fadil Ashaboglu as chair, effective following shareholder approval at the company's annual general meeting in June.

Read more
5 Apr 2023 15:45

UK earnings, trading statements calendar - next 7 days

Thursday 6 April 
Ferrexpo PLCTrading Statement
Gresham House Energy Storage Fund PLCFull Year Results
Robert Walters PLCTrading Statement
Friday 7 April 
no events scheduled 
Monday 10 April 
no events scheduled 
Tuesday 11 April 
Devolver Digital IncFull Year Results
JTC PLCFull Year Results
Wednesday 12 April 
Argentex Group PLCQ3 Results
DP Eurasia NVFull Year Results
Everyman Media Group PLCFull Year Results
LBG Media PLCFull Year Results
Tharisa PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
30 Jan 2023 16:23

TRADING UPDATES: DP Eurasia annual sales grow despite Russia decline

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
23 Jan 2023 15:48

UK earnings, trading statements calendar - next 7 days

Tuesday 24 January 
Accrol Group Holdings PLCHalf Year Results
Associated British Foods PLCTrading Statement
Henry Boot PLCTrading Statement
Oxford BioDynamics PLCFull Year Results
Saga PLCTrading Statement
Staffline Group PLCTrading Statement
Sureserve Group PLCFull Year Results
Velocity Composites PLCFull Year Results
Wednesday 25 January 
CMC Markets PLCTrading Statement
Conduit Holdings LtdTrading Statement
easyJet PLCTrading Statement
Forterra PLCTrading Statement
Fresnillo PLCTrading Statement
Hargreaves Services PLCHalf Year Results
hVIVO PLCTrading Statement
JD Wetherspoon PLCTrading Statement
Keywords Studios PLCTrading Statement
Lords Group Trading PLCTrading Statement
Next Fifteen Communications Group PLCTrading Statement
Quilter PLCTrading Statement
Scancell Holdings PLCHalf Year Results
Tullow Oil PLCTrading Statement
Van Elle Holdings PLCHalf Year Results
Watkin Jones PLCFull Year Results
Thursday 26 January 
CVS Group PLCTrading Statement
Diageo PLCHalf Year Results
Eurocell PLCTrading Statement
Fevertree Drinks PLCTrading Statement
Foxtons Group PLCTrading Statement
Greencore Group PLCTrading Statement
Idox PLCFull Year Results
IG Group Holdings PLCHalf Year Results
Intermediate Capital Group PLCTrading Statement
Provident Financial PLCTrading Statement
Rank Group PLCHalf Year Results
Record PLCTrading Statement
Smart Metering Systems PLCTrading Statement
St James's Place PLCTrading Statement
Tate & Lyle PLCTrading Statement
TClarke PLCTrading Statement
Time Finance PLCHalf Year Results
Titon Holdings PLCFull Year Results
Wizz Air Holdings PLCQ3 Results
Friday 27 January 
Aberforth Smaller Companies Trust PLCFull Year Results
GCP Infrastructure Investments LtdTrading Statement
Industrials REIT LtdTrading Statement
Paragon Banking Group PLCTrading Statement
YouGov PLCTrading Statement
Monday 30 January 
Computacenter PLCTrading Statement
DP Eurasia NVTrading Statement
Porvair PLCFull Year Results
Ryanair Holdings PLCQ3 Results
Sthree PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
28 Dec 2022 09:29

DP Eurasia considers divesting all Domino's Pizza shops in Russia

(Alliance News) - DP Eurasia NV on Wednesday said it is considering exiting Russia.

Read more
23 Nov 2022 14:20

DP Eurasia sales soar, led by Turkey; continues to operate in Russia

(Alliance News) - DP Eurasia N.V on Wednesday said revenue jumped in the 10 months to October, driven by a surge in sales in the group's stores in Turkey.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.